How did CYBR's Q4 earnings surprise impact investor confidence?

**CyberArk's (CYBR) Q4 earnings surprise had a significant positive impact on investor confidence**, as evidenced by the following:

1. **Stock Price Reaction**: CyberArk's stock soared to an all-time high of $333.58 following the earnings release. This surge reflects heightened investor confidence in the company's financial performance and future prospects.
2. **Analyst Ratings and Price Targets**: Analysts maintained or increased their price targets for CyberArk, with some setting targets as high as $400. This indicates that analysts are optimistic about CyberArk's continued growth and market potential.
3. **Upbeat Guidance**: CyberArk provided upbeat guidance for Q4, projecting EPS between $0.65 and $0.75, above the consensus of $0.55. This guidance suggests that the company expects to continue its strong performance, further bolstering investor confidence.
4. **Consistent Performance**: CyberArk has consistently surpassed consensus EPS and revenue estimates over the past four quarters. This track record of outperformance reinforces investor confidence in the company's ability to deliver strong results.

In conclusion, CyberArk's Q4 earnings surprise not only exceeded expectations but also highlighted the company's robust growth and market leadership. This, in turn, has likely contributed to increased investor confidence and a positive market sentiment towards the stock.